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( I need all the three parts solution as per provided templated below) Zebra Productions presents you with the following data for the month of

( I need all the three parts solution as per provided templated below)

Zebra Productions presents you with the following data for the month of March 2014.

$

Purchases 42 300

Direct labor cost 10 000 Cost of goods sold 61 000 Manufacturing overheads 15 000

Inventory accounts showed the following opening and closing balances:

1stMarch

$

31st March

$

Direct materials

7,000

7,400

Work-in-procss

9,600

13,000

Finished goods

15,000

17,500

Other expenses for the month were:

Selling expenses $4,100 General and administrative expenses $2,900 Sales for the month were $82,000

Required: 8marks

Prepare Manufacturing Statement for the month ending 31st March

Trading Account for the month.

Profit & Loss Statement for the same month.

Manufacturing statement:

Zebra Productions Manufacturing Statement for month ended 31st March 2014

$

$

Raw materials inventory

Purchases

Total materials available

Less: Raw Materials Inventory

Cost of raw materials consumed

Cost of direct labour

Cost of manufacturing overhead

Total Cost charged into production

Add: Work-in-Process Inventory

Less: Work-in-Process Inventory

Cost of goods manufactured

b) Trading statement:

Zebra Productions Trading Statement for month ended 31st March 2014

$

$

Sales

Less: Cost of goods sold:

Gross profit from sales

c) Profit and loss statement:

Zebra Productions Profit and Loss Statement for month ended 31st March 2014

$

$

Sales

Less: Cost of goods sold

Gross profit from sales

Less: Operating expenses

Selling expenses

General and administrative expenses

Net operating profit

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